Karelian Diamond Resources PLC - Finland-focused exploration company based in Dublin - Starts follow up diamond exploration programme focused on excavation and drilling in the Kuhmo region of Finland. Chair Richard Conroy says: "I am delighted that a total of nearly forty kimberlite targets have been identified up-ice of the green diamond discovered by the company and that these targets will now be tested by excavation and in some cases by drilling. This programme marks a further major move forward in the exploration of the highly promising Kuhmo region of Finland in which the presence of diamonds has been confirmed in the best possible way by the company's discovery of a green diamond."
Current stock price: 3.19 pence, up 16% on Tuesday
12-month change: up 52%
By Tom Budszus, Alliance News reporter
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Karelian (KDR)